"Fintech founder Stani Kulechov is trialling his firm's newest financial product here"
"According to the European Central Bank, so-called 'stablecoins' will grow in value from €200bn in 2025 to almost €2tn by the end of 2028."
"Stani Kulechov, founder of the world's largest decentralised finance (DeFi) lending network, Aave, thinks that's just a precursor."
The European Central Bank projects stablecoins will increase in value from €200bn in 2025 to almost €2tn by the end of 2028. Stani Kulechov, founder of the decentralised finance lending network Aave, is trialling his firm's newest financial product amid that projected expansion. The projection implies substantial growth in liquidity and use cases for fiat-pegged digital tokens across markets. Kulechov characterises the ECB projection as a precursor and is positioning his product to capture opportunities arising from accelerated stablecoin adoption and rising DeFi lending demand.
Read at Independent
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